Dallas,TX 2/6/2010 2:06:44 AM
News / Business

Top Chemicals Stocks are MON, DD, FMC

Chemicals Stocks

 

Monsanto Company (NYSE:MON) rallied 1.38% to $76.52 on a massive volume of 1.25 million shares. The stock has a 52-week range of $66.57-$93.35. Monsanto Company (Monsanto)along with its subsidiaries, is a worldwide provider of agricultural products for farmers. The Company’s seeds, biotechnology trait products, and herbicides provide farmers with solutions to produce foods for consumers and feed for animals. The Company operates in two segments: Seeds and Genomics, and Agricultural Productivity.

 

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E.I. du Pont de Nemours & Company (NYSE:DD) soared 1.29% to $32.94 with a massive volume of 1.04 million shares.  The stock has a 52-week range of $16.05-$35.62. E. I. du Pont de Nemours and Company (DuPont) operates a range of products and services for markets, including agriculture and food, building and construction, electronics and communications, general industrial, and transportation. The Company is organized in six segments: Agriculture & Nutrition, Coatings & Color Technologies, Electronic & Communication Technologies, Performance Materials, Safety & Protection and Pharmaceuticals.

 

FMC Corporation (NYSE:FMC) is amongst the top gainer in the early few hours. The stock has surged 5.16% and is trading at $53.42 with a volume of 428K shares.  The stock has a 52-week range of $34.90-$58.13. So far in the last six months trade the stock went up 5%. The company reported net income of $62.1 million, or $0.85 per diluted share, in the fourth quarter of 2009, versus net income of $46.3 million, or $0.63 per diluted share, in the fourth quarter of 2008.  Net income in the current quarter included restructuring and other income and charges of $6.8 million after-tax, or charges of $0.09 per diluted share, versus restructuring and other income and charges of $29.1 million after-tax, or charges of $0.39 per diluted share, in the prior-year quarter.  Excluding these items in both periods, the company earned $0.94 per diluted share in the current quarter, a decrease of 8 percent versus $1.02 per diluted share in the prior-year quarter.  Fourth quarter revenue of $722.1 million was 2 percent lower than $737.7 million in the prior year.

 

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